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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. Speaking of efficiency, a new service from a Maryland-based CU aims to simplify the small dollar loan application process. Auto lending is also getting an upgrade in the CU market.

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The Maryland Financial Consumer Protection Act of 2018 significantly increases state regulation

CFPB Monitor

Noting, among other things, “retrenchment” on the federal level, the Maryland Financial Consumer Protection Act of 2018 ( HB 1634 ) was signed into law on May 15, 2018. Increases the maximum civil penalties for violations of the MCPA by merchants to $10,000 for a violation and $25,000 for a repeat violation. .

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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. million Seed.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

It was a quieter week in fintech fundings. Lending marketplace targeting Hispanic-owned small businesses. HQ: National, Maryland. The post Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12 appeared first on Finovate. Tags: SMB, health care, employees, benefit management, insurance. Mobile bank.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). HQ: Glenwood, Maryland. Online payments & cash management for small businesses. Financial & time management service for freelancers. Tags: SMB, investors, commercial mortgage, P2P lending, credit, underwriting, real estate. Digital bank.

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Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23

Fintech Labs Insights

There were two blockbuster deals, $170 million to German marketplace lender Auxmoney and $81 million to health insurance management platform Collective Health. Payment management . HQ: Burtonsville, Maryland. Online personal financial management. Lending to bootcamp students. Healthcare payment management.

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